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TaxSlayer Review: Pros, Cons, Features, and Pricing

TaxSlayer is a tax software that simplifies tax filing for individuals and businesses. It helps small businesses, freelancers, and tax professionals address issues like complex tax filing and high costs associated with tax prep. 

In this article, I'll cover TaxSlayer's features, pros and cons, use cases, pricing, and more, so you can decide if this software aligns with your tax filing and management needs.

TaxSlayer Evaluation Summary

TaxSlayer streamlines filing with simple tax prep, e-filing, and fast refunds.
Rating
3.9 /5
Pricing
  • From $22.99/filing
  • Free plan available

Why Trust Our Software Reviews

TaxSlayer Overview

TaxSlayer is a solid choice for those seeking straightforward tax management without breaking the bank. It excels in both affordability and ease of use, making it an ideal choice for small businesses and freelancers. 

However, its customer support and onboarding process could use some improvement. Compared to competitors like Intuit TurboTax, TaxAct, or H&R Block, TaxSlayer offers a good balance of features and price, but may lack some advanced functionalities needed by larger enterprises. If you're looking for an intuitive platform that won't overwhelm your team, TaxSlayer is worth considering.

How We Test & Score Tools

We’ve spent years building, refining, and improving our software testing and scoring system. The rubric is designed to capture the nuances of software selection and what makes a tool effective, focusing on critical aspects of the decision-making process.

Below, you can see exactly how our testing and scoring works across seven criteria. It allows us to provide an unbiased evaluation of the software based on core functionality, standout features, ease of use, onboarding, customer support, integrations, customer reviews, and value for money.

Core Functionality (25% of final scoring)

The starting point of our evaluation is always the core functionality of the tool. Does it have the basic features and functions that a user would expect to see? Are any of those core features locked to higher-tiered pricing plans? At its core, we expect a tool to stand up against the baseline capabilities of its competitors.

Standout Features (25% of final scoring)

Next, we evaluate uncommon standout features that go above and beyond the core functionality typically found in tools of its kind. A high score reflects specialized or unique features that make the product faster, more efficient, or offer additional value to the user.

We also evaluate how easy it is to integrate with other tools typically found in the tech stack to expand the functionality and utility of the software. Tools offering plentiful native integrations, 3rd party connections, and API access to build custom integrations score best.

Ease of Use (10% of final scoring)

We consider how quick and easy it is to execute the tasks defined in the core functionality using the tool. High scoring software is well designed, intuitive to use, offers mobile apps, provides templates, and makes relatively complex tasks seem simple.

Onboarding (10% of final scoring)

We know how important rapid team adoption is for a new platform, so we evaluate how easy it is to learn and use a tool with minimal training. We evaluate how quickly a team member can get set up and start using the tool with no experience. High scoring solutions indicate little or no support is required.

Customer Support (10% of final scoring)

We review how quick and easy it is to get unstuck and find help by phone, live chat, or knowledge base. Tools and companies that provide real-time support score best, while chatbots score worst.

Customer Reviews (10% of final scoring)

Beyond our own testing and evaluation, we consider the net promoter score from current and past customers. We review their likelihood, given the option, to choose the tool again for the core functionality. A high scoring software reflects a high net promoter score from current or past customers.

Value for Money (10% of final scoring)

Lastly, in consideration of all the other criteria, we review the average price of entry level plans against the core features and consider the value of the other evaluation criteria. Software that delivers more, for less, will score higher.

Core Features

Simple tax filing: TaxSlayer provides a straightforward and user-friendly process for filing taxes. It saves your team time and reduces errors.

Deduction finder: This feature helps you identify potential deductions you might miss, ensuring you maximize your tax savings.

E-file capability: You can file your taxes electronically with ease. This speeds up the process and helps you file your returns faster.

State tax support: TaxSlayer offers support for state returns in conjunction with federal tax returns and keeps everything in one place for simplicity.

Tax Calculator: The tax calculator gives you a quick estimate of your tax situation. It also helps you plan better for the tax season.

Audit assistance: TaxSlayer offers guidance if you're audited. It gives you peace of mind knowing support is available when needed.

Ease of Use

TaxSlayer is a user-friendly platform that makes tax filing straightforward for your team. Its simple navigation and clear instructions help even those with little income tax knowledge. 

Users often mention how easy it is to find and use its features, like the deduction finder and e-file capability. Compared to other software, TaxSlayer stands out for its accessibility, making it a solid choice for those who prioritize ease of use.

Integrations

TaxSlayer integrates with QuickBooks Online, TaxDome, and QuickBooks Online Advanced.

TaxSlayer does not have a publicly available API or connect with third-party integration tools.

TaxSlayer Specs

  • Accounts Payable
  • Accounts Receivable
  • API
  • Balance Sheet
  • Billing/Invoicing
  • Budgeting
  • Calendar Management
  • CRM Integration
  • Dashboard
  • Data Export
  • Data Import
  • Data Visualization
  • Expense Tracking
  • External Integrations
  • Forecasting
  • General Account Ledger
  • Multi-Currency
  • Multi-User
  • Notifications
  • P&L
  • Payroll
  • Scheduling
  • Tax Management

TaxSlayer FAQs

Bradley Clifford
By Bradley Clifford

I have 15+ years of experience helping growth-stage companies build finance infrastructure, forecasting tools, and decision-support frameworks. I'm VP of Finance at Black & White Zebra, and previously Senior Director of Finance at Rewind, where I helped cut cash burn from $11M to $2M. I also spent 6 years at Stack Overflow, supporting growth from $20M to $100M through its $1.8B acquisition. I hold an FCCA designation and an MSc in Professional Accountancy.